Tuesday, March 4, 2014

Downsizing Seniors Have Options – If They Can Sell Homes via Axiometrics

According to demographic researcher Arthur C. Nelson, aging baby boomers increasingly want to sell the large homes they bought to raise their families. This, in turn, could cause the next housing crisis later this decade.

But the single-family sector’s loss may be the multifamily industry’s gain, since many of those senior citizens are likely to downsize into newly constructed apartment communities – many of which emphasize multi-generational living.

Read more...Downsizing Seniors Have Options – If They Can Sell Homes

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